Tag: Indian pellet index

SteelMint: PELLEX falls sharply by over INR 1,000 ($14) as trade recovers on lower offers

Aug 24, 2021

—

by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, continued to fall sharply from last week by INR 1,150/t to INR 12,150/t DAP Raipur on 24 Aug’21. Around 80,000 t of deals were recorded by SteelMint from 21-24 Aug’21. India’s domestic pellet market continues to witness downward pressure on aggressive domestic sales following falling export realisations.…